Overview
What is Habitat For Humanity Of Omaha Inc?
Habitat For Humanity of Omaha is a nonprofit organization dedicated to building and renovating affordable homes for families in need. In 2022, they successfully served 49 families by constructing or improving their living spaces. The families who qualify typically earn between 30% and 60% of the area median income and often come from economically disadvantaged backgrounds. To ensure successful homeownership, Habitat Omaha offers mortgage readiness education, financial planning assistance, and budgeting guidance. This mortgage counseling empowers families to choose among three paths: purchasing a Habitat Omaha home, obtaining financing for a home on the open market, or securing financing for an open market home. The organization's mission is to foster strength, stability, and self-reliance through housing, regardless of income, race, religion, age, or gender. Habitat For Humanity of Omaha currently employs 182 individuals.
Official website here: www.habitatomaha.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100%
Habitat for Humanity of Omaha has received a four-star rating from Charity Navigator, reflecting its exceptional accountability and financial health as well as its impactful community programs. The organization demonstrates a strong commitment to transparency and responsible financial management, evidenced by its perfect score in accountability and finance, as well as an impressive 100% impact score. This high rating indicates that the organization utilizes its resources effectively to achieve its mission of providing affordable housing.
User reviews consistently highlight the organization's positive impact on families and communities in Omaha. Many volunteers and community members praise Habitat for Humanity of Omaha for its dedication to building and rehabilitating homes, with a focus on fostering a sense of ownership and pride among homeowners. The ReStore associated with Habitat also receives commendations for its role in supporting home improvement efforts at affordable prices, demonstrating the nonprofit's broader commitment to community development.
However, there are notable criticisms from some individuals who have faced difficulties with homeownership through the program, including issues related to financial burdens and unaddressed maintenance problems. While these perspectives are less common, they do point to challenges that may exist within the organization's housing model, suggesting opportunities for further improvement in homeowner support and communication. Overall, Habitat for Humanity of Omaha is recognized for its significant contributions to affordable housing and community resilience, despite some challenges reported by a minority of clients.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Habitat For Humanity Of Omaha Inc legitimate?
Habitat For Humanity Of Omaha Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Omaha Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $645,411
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,650,270
For more financial information, click here
Official website here: www.habitatomaha.org
What is the mission statement of Habitat For Humanity Of Omaha Inc?
Habitat for Humanity of Omaha Inc is dedicated to constructing and refurbishing affordable homes for low-income families, aiming to provide them with the opportunity for homeownership. Regardless of income level, race, religion, age, or gender, the organization strives to build strength, stability, and self-reliance through shelter. In 2022, they assisted 49 families, most of whom came from economically disadvantaged backgrounds. These families went through "Home Journey" mortgage readiness sessions and one-on-one coaching to help with financial planning, budgeting, and home maintenance. Participants were given options: a Habitat Omaha home, a home on the open market with Habitat Omaha financing, or an open market home and financing. Approximately 300 families received counseling in the same year.
Official website here: www.habitatomaha.org
Who is the CEO of Habitat For Humanity Of Omaha Inc?
Christine Tjelmeland is the Board Chair of Habitat For Humanity Of Omaha Inc.
Official website here: www.habitatomaha.org
What is the revenue of Habitat For Humanity Of Omaha Inc?
Habitat For Humanity Of Omaha Inc's revenue in 2022 was $35,628,630.
Official website here: www.habitatomaha.org
Who are the executives of Habitat For Humanity Of Omaha Inc and what are their salaries?
The average compensation at Habitat For Humanity Of Omaha Inc during 2022 was $29,097. There are 182 employees and 2374 volunteers at Habitat For Humanity Of Omaha Inc.
Here are 32 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $258,410
- Related: $0
- Other: $10,214
- Compensation: $215,005
- Related: $0
- Other: $4,140
- Compensation: $116,744
- Related: $0
- Other: $19,056
- Compensation: $140,263
- Related: $0
- Other: $42,714
- Compensation: $141,787
- Related: $0
- Other: $4,254
- Compensation: $155,612
- Related: $0
- Other: $4,668
- Compensation: $117,685
- Related: $0
- Other: $3,530
- Compensation: $113,674
- Related: $0
- Other: $15,974
Official website here: www.habitatomaha.org
Where can I find the form 990 for Habitat For Humanity Of Omaha Inc?
Habitat For Humanity Of Omaha Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitatomaha.org
Learn more at the official website: www.habitatomaha.org
Mission Statement of Habitat For Humanity Of Omaha Inc
Habitat For Humanity of Omaha, a dedicated nonprofit organization, is committed to constructing and renovating affordable homes for low-income families, instilling self-reliance and stability through shelter. Regardless of income, race, religion, age, or gender, this mission extends to all deserving individuals.
In 2022, Habitat For Humanity of Omaha brought new beginnings to 49 partner families by providing them with homes tailored to their needs. The income of these families typically ranges from 30% to 60% of the area median income. Many of the beneficiaries hail from economically disadvantaged backgrounds, and all receive personalized guidance and instruction through the organization's Home Journey mortgage readiness education sessions and one-on-one coaching.
Habitat For Humanity of Omaha offers families three pathways to homeownership: a Habitat Omaha home, a home on the open market with Habitat Omaha financing, or an open market home and financing. The mortgage-ready counseling provided by Habitat For Humanity of Omaha empowers participants with the knowledge and skills necessary to manage their finances, create budgets, and maintain their homes effectively. By equipping families with these essential tools, the organization plays a pivotal role in breaking the cycle of poverty and enabling them to build secure, prosperous futures. In 2022, around 300 families received this valuable counseling.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Habitat for Humanity of Omaha, Inc. has made a significant impact by building and renovating affordable homes for low-income families, alongside providing essential financial education. In 2022, the organization successfully built or renovated homes for 49 partner families, primarily serving those whose incomes range from 30% to 60% of the area median income. Many of these families come from economically disadvantaged backgrounds.
The program offers comprehensive support through "Home Journey" mortgage readiness education sessions and individualized coaching, which focuses on financial planning, budgeting, and home maintenance. This valuable counseling equips participants with the skills and knowledge necessary to navigate the homeownership process, allowing them to choose among three pathways: acquiring a Habitat Omaha home, purchasing a home on the open market with Habitat Omaha financing, or opting for an open market home with alternative financing options. In total, around 300 families benefited from counseling services in 2022.
By fostering stability and self-reliance through shelter, the organization serves a diverse range of families, irrespective of income, race, religion, age, or gender, ultimately strengthening the community and improving lives.
This information is meant to be a general summary of Habitat For Humanity Of Omaha Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $190,771
- Program Service Revenue: $7,846,644
- Gross Receipts: $36,583,766
Assets and Liabilities:
- Total Assets: $51,309,098
- Total Liabilities: $13,369,476
- Net Assets: $37,939,622
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSE SALES TO HOMEOWNERS
Revenue
$6,842,122
HOME REPAIR PROJECT SALES
Revenue
$580,732
MORTGAGE LOAN DISCOUNT AMORTIZATI
Revenue
$423,790
Organization Details
Founding Year
1984
Phone
(402) 457-5657Principal Officer
Christine Tjelmeland
Main Address
1701 N 24 STREET, OMAHA, NE, 68110
Website
www.habitatomaha.orgNTEE Category
Code: L200 - Housing
If you are a representative of Habitat For Humanity Of Omaha Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.